SNPD vs. CVAR

Last updated Jun 4, 2026

SNPD (Xtrackers S&P ESG Dividend Aristocrats ETF) and CVAR (Cultivar ETF) are both Mid Cap Value Equities funds. SNPD is passively managed, while CVAR is actively managed. Over the past 3 years, SNPD returned 8.75%/yr vs 8.39%/yr for CVAR. Their correlation of 0.83 suggests significant overlap in exposure. SNPD charges 0.15%/yr vs 0.87%/yr for CVAR.

Performance

SNPD vs. CVAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) and Cultivar ETF (CVAR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNPD achieves a 8.10% return, which is significantly higher than CVAR's 0.62% return.

SNPD

• 1D: -0.11%
• 1M: 1.63%
• YTD: 8.10%
• 6M: 8.48%
• 1Y: 13.67%
• 3Y*: 8.75%
• 5Y*: —
• 10Y*: —

CVAR

• 1D: -0.80%
• 1M: -0.06%
• YTD: 0.62%
• 6M: 2.14%
• 1Y: 11.92%
• 3Y*: 8.39%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SNPD vs. CVAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF	8.10%	6.66%	5.41%	2.68%	3.49%
CVAR Cultivar ETF	0.62%	14.95%	3.12%	11.74%	4.15%

Correlation

The correlation between SNPD and CVAR is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (All Time) Calculated using the full available price history since Nov 10, 2022	0.83

The correlation between SNPD and CVAR shifts across timeframes, from 0.73 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SNPD vs. CVAR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SNPD

SNPD Risk / Return Rank: 33
SNPD Sharpe Ratio Rank: 34
SNPD Sortino Ratio Rank: 36
SNPD Omega Ratio Rank: 31
SNPD Calmar Ratio Rank: 32
SNPD Martin Ratio Rank: 32

CVAR

CVAR Risk / Return Rank: 29
CVAR Sharpe Ratio Rank: 30
CVAR Sortino Ratio Rank: 30
CVAR Omega Ratio Rank: 28
CVAR Calmar Ratio Rank: 29
CVAR Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SNPD vs. CVAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) and Cultivar ETF (CVAR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SNPD	CVAR	Difference
Sharpe ratio: Return per unit of total volatility	1.24	1.05	+0.19
Sortino ratio: Return per unit of downside risk	1.88	1.57	+0.31
Omega ratio: Gain probability vs. loss probability	1.21	1.18	+0.03
Calmar ratio: Return relative to maximum drawdown	1.58	1.42	+0.17
Martin ratio: Return relative to average drawdown	4.72	3.45	+1.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNPD vs. CVAR - Sharpe Ratio Comparison

The current SNPD Sharpe Ratio is 1.24, which is comparable to the CVAR Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of SNPD and CVAR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SNPD	CVAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.24	1.05	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.37	+0.21

Drawdowns

SNPD vs. CVAR - Drawdown Comparison

The maximum SNPD drawdown since its inception was -15.80%, smaller than the maximum CVAR drawdown of -19.39%. Use the drawdown chart below to compare losses from any high point for SNPD and CVAR.

Drawdown Indicators

	SNPD	CVAR	Difference
Max Drawdown Largest peak-to-trough decline	-15.80%	-19.39%	+3.59%
Max Drawdown (1Y) Largest decline over 1 year	-8.68%	-8.45%	-0.23%
Max Drawdown (3Y) Largest decline over 3 years	-15.80%	-15.58%	-0.22%
Current Drawdown Current decline from peak	-3.20%	-6.22%	+3.02%
Average Drawdown Average peak-to-trough decline	-3.94%	-5.51%	+1.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	3.46%	-0.56%

Volatility

SNPD vs. CVAR - Volatility Comparison

Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) has a higher volatility of 2.75% compared to Cultivar ETF (CVAR) at 2.24%. This indicates that SNPD's price experiences larger fluctuations and is considered to be riskier than CVAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNPD	CVAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.75%	2.24%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	8.04%	7.48%	+0.56%
Volatility (1Y) Calculated over the trailing 1-year period	11.05%	11.43%	-0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.14%	15.47%	-2.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.14%	15.47%	-2.33%

SNPD vs. CVAR - Expense Ratio Comparison

SNPD has a 0.15% expense ratio, which is lower than CVAR's 0.87% expense ratio.

Dividends

SNPD vs. CVAR - Dividend Comparison

SNPD's dividend yield for the trailing twelve months is around 3.01%, more than CVAR's 1.52% yield.

Position	TTM	2025	2024	2023	2022
CVAR Cultivar ETF	1.52%	1.53%	3.57%	1.41%	5.52%
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF	3.01%	3.10%	2.78%	2.63%	0.57%

Frequently Asked Questions

Can I hold both SNPD and CVAR in my portfolio?

SNPD and CVAR have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNPD or CVAR?

SNPD has higher volatility (2.75%) compared to CVAR (2.24%). In terms of maximum drawdown, SNPD dropped -15.80% vs CVAR's -19.39%.

Which ETF is better, SNPD or CVAR?

On 3-year performance, SNPD leads with 8.75% vs 8.39% for CVAR. On fees, SNPD is cheaper at 0.15% per year. On volatility, CVAR has been the lower-risk option at 2.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNPD or CVAR?

Over the 3-year period, SNPD has performed better with a 8.75% return vs 8.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNPD or CVAR?

SNPD is cheaper with a 0.15% expense ratio, compared with 0.87% for CVAR.

Which ETF pays a higher dividend yield, SNPD or CVAR?

SNPD has the higher dividend yield at 3.01%, compared with 1.52% for CVAR.

What is the main difference between SNPD and CVAR?

They also come from different issuers: Xtrackers and Cultivar. Their fees differ too: 0.15% for SNPD and 0.87% for CVAR.

Which has better risk-adjusted returns?

SNPD currently has the higher Sharpe Ratio (1.24 vs 1.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.